@taskmaster4450le's thread

Analysts missing by 80% was share price not earnings. I bet their earnings estimates were not far out but the share price is a measure of buyers to sellers. Too many buyers, share price goes up. Too many sellers, share price goes down. This is why Tesla shares over a 4 year period went from peak to trough and back to peak when you yourself said the fundamentals of the company hadn’t changed. In fairness to analysts, easy to value a company but harder to guess share price when it is based purely on sentiment!